Cambridge, ON N3C 1G1,18 Queen Street W
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Cambridge, ON N3C 1G1,18 Queen Street W
Cambridge, ON N3C 1G1,18 Queen Street W
Cambridge, ON N3C 1G1,18 Queen Street W
Cambridge, ON N3C 1G1,18 Queen Street W
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Listed by Corry Van Iersel • Re/Max Icon Realty
$ 2,900,000
Est. payment /mo
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18 Queen Street W Cambridge, ON N3C 1G1

10 Beds

10,000 SqFt


UPDATED:

11/19/2024 05:31 AM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $290

MLS Listing ID 40657268

Bedrooms 10

Abv Grd Liv Area 10,000

Originating Board Waterloo Region

Annual Tax Amount $23,420

Property Description

17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown "Hespeler". Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request.

Location

Province ON

County Waterloo

Area 14 - Hespeler

Zoning rm2

Direction Queen Street West at Adam Street

Rooms

Basement None

Kitchen 0

Interior

Interior Features None

Heating Baseboard, Electric, Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated

Exterior

Waterfront No

Roof Type Asphalt

Lot Frontage 90.7

Garage No

Building

Lot Description Airport, City Lot, High Traffic Area, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces Queen Street West at Adam Street

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Stone

New Construction No

Others

Senior Community No

Tax ID 226340013

Ownership Freehold/None


Peter Kolisnyk

Broker | Private Office Advisor | License ID: OM14164

+1(905) 815-3521

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